⛵ How to accept a bid offer on Opensea.io
Someone has made an offered of .01 ETH for my Elon Musk Celebrity CryptoPunks. I have seven days until the offer expires. Let’s go ahead and accept this offer and go through the process of How to accept a bid on Opensea.io.
Opensea.io takes a 2.5% fee on the sale & as the creator I’m going to charge 10% Royalty on this piece. I’m going to walk away with $224.84 of that $256 so I’m going to go ahead and click accept.
MetaMask.io will populate to confirm the transfer and my gas is $31.87 to make that go through. Let’s go ahead and pull the trigger on that.
It’s going to process and confirm the Blockchain. MetaMask.io wants you to allow Opensea.io to spend your WETH & the fee is $3.68. Let’s go ahead and confirm that.
Let’s check that out on Etherscan.io. That was an Opensea.io Smart-Contract and if we look at the individual’s wallet on Opensea.io we confirm that Elon Musk is now is their wallet and it is gone from my account.
This How you accept a bid offer on Opensea.io and transfer the NFT. You now know it cost me about $50 & out of that total I got $222 subtract that $50 so I profited around $170. Not that great of a profit margin but nonetheless a sale which is good.
I hope that you enjoyed this tutorial, that it was informational, & you guys learned something. Again very simple in regards to how you accept a bid offer on Opensea.io. Start putting your NFTs on Opensea.io for free, market yourself, and if somebody stumbles across your profile & makes a bid then you can go through the same process that i just showed you. You’ll have to pay the transaction fee to sign it, the transaction fee to accept it, and the transaction fee to send it & that cost me about $50. So make sure that the NFTs you’re selling are worth more than the transaction gas fee is going to be. I hope you guys enjoyed.
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